TradeWithTheTrend3344

XAUUSD Testing Key Support Levels Amidst Seller Pressure

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Everyone,

XAUUSD has been consistently testing both daily and weekly support levels, notably around 2281.174 (weekly support) and 2293.398 (daily support). With the current price situated below the 1M/1W/1D Pivot Points, sellers are showing considerable activity, consistent with the analysis. Nonetheless, the long-term outlook remains bullish, and it remains to be seen whether the price can breach the weekly support level.

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